Huo Xing Finance reports that on June 17, renowned trader Killa (@KillaXBT) stated that tomorrow’s FOMC meeting is a critical event for Bitcoin: of the eight FOMC meetings since 2025, Bitcoin exhibited bearish reactions in seven. Although the market has currently formed a bullish narrative, outcomes are often already priced in before the news. Killa believes Bitcoin must hold above $64,000 to maintain a bullish structure; otherwise, there is significant risk of a return to the $60,000 low following the FOMC. As a quantitative trader focused exclusively on BTC, Killa correctly predicted the peak of this bull market in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and fully switched to a long position during the broad market decline on June 5.
Prominent Trader Warns of FOMC Impact on Bitcoin, Citing 7 Out of 8 Post-2025 FOMC Selloffs
MarsBitShare
Bitcoin news highlights a warning from prominent trader Killa on June 17 regarding the potential impact of the FOMC meeting on Bitcoin. Since 2025, Bitcoin analysis shows it has declined in 7 out of 8 FOMC sessions. Killa stated that Bitcoin must remain above $64,000 to maintain a bullish trend; otherwise, it could drop to $60,000 following the event. He noted that while a bullish Bitcoin analysis is forming, outcomes are often already priced in prior to the meeting.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.